January 2024 has seen continued volatility in the forex markets. The US dollar was somewhat mixed, showing some weakness later in the month. The Federal Reserve kept rates on hold, and said it is not in a hurry to lower rates. After declining in the early part of the month, the euro clawed back its

The dollar index opened with gap-higher on Monday (up 1.1%), lifted by threats of trade war after US President Donald Trump imposed tariffs on imports from Canada, Mexico and China. Two top US trading partners, Canada and Mexico immediately announced the counter measures, while China will look for assistance from World Trade Organization. Although the

Trump announced heavy tariffs on Canada, Mexico, and China starting Feb 4th. Traders slashed expectations for Fed rate cuts this year. Market participants are looking forward to a BoE rate cut this week. The GBP/USD forecast shows a surging dollar after Trump announced tariffs that will likely cause trade wars. On the other hand, the

Global markets kicked off February under heavy strain as US President Donald Trump’s long-anticipated tariffs on Canada, Mexico, and China came into full effect. Investor sentiment turned sharply negative, with Japan’s Nikkei tumbling over 1,000 points in response. Dollar opened the week with a strong gap higher and maintained solid gains throughout Asian session. Commodity-linked

Created on February 02, 2025 WTI Crude Oil traders may show nervousness quickly on Monday depending on the mindset and actions of larger players in the energy sector, as they try to navigate the coming tariffs from the U.S White House on Canada and Mexico. Both Canada and Mexico supply plenty of energy to the

Before we get to this week’s FX and CFDs industry top news stories, and with the first month of 2025 now in the books, we’re pleased to report that FNG had yet another record month of visitors and pageviews (and social media engagement, and email subscribers…) in January 2025. Driving our growth has been consistently

The meme coin has lost 33% on the weekly chart and is now 70% below its all-time high of 75. Daily trading volume surged by 65% to 3.4 billion as investors rushed to sell. Derivatives data from Coinglass reveals a 13% drop in open interest to 720 million, with 15 million in liquidations, including 11

Created on February 02, 2025 Silver Silver has initially fallen during the course of the previous trading week but has also seen a complete turnaround as traders are now concerned about the tariffs that Donald Trump may be levying on the Mexicans and the Canadians. This has people worried that we are about to see

Created on February 02, 2025 After climbing to around the 1.05300 level early on Monday of last week, the EUR/USD began to see buyer remorse hit the currency pair. As the Federal Reserve announced it would remain cautious on Wednesday of last week the EUR/USD did touch the 1.03800 vicinity. When the ECB lowered its

Created on February 02, 2025 Are there any speculative sellers of Coffee Arabica left. The commodity went into this weekend near the 378.62 price. Coffee Arabica went above the 381.00 value momentarily. Having started the week with a high price around the 348.00 level obviously wasn’t enough for speculative buyers who continued to climb into

The European Central Bank lowered borrowing costs by 25-bps as expected. The greenback rebounded on Thursday after Trump repeated his tariff plans. The US economy expanded by 2.3%, missing forecasts of 2.7%. The EUR/USD outlook suggests a bleak future for the euro amid a rate cut and dovish European Central Bank’s policy path. On the

Created on January 31, 2025 The gold markets have been bullish during most of the month of January, and it looks like we could very well see more of the same during the month of February. Ultimately, I think this is a scenario where traders will be looking to continue the overall uptrend, but we

The Fed held rates during its policy meeting. Trump renewed his threats to impose tariffs on Mexico and Canada. The BoE will likely cut interest rates next week. The GBP/USD weekly forecast shows a looming Bank of England rate cut that will likely push the pound lower. Ups and downs of GBP/USD  The GBP/USD pair